Gymboree's Net Income Jumps 38%
On Increase in Sales, Gross Margin

Gymboree Corp.'s fiscal second-quarter net income rose 38% on an increase in sales and gross margin, and the children's clothing retailer affirmed its full-year outlook.

For the period ended Aug. 2, net income increased to $8.01 million, or 27 cents a share, from $5.8 million, or 19 cents a share, a year earlier. The latest period included $13.5 million in depreciation, amortization and stock-compensation expense, up from $10.5...